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Tesla Cutting 10% of Workforce Globally, Implementing Other Changes

Tesla Cutting 10% of Workforce Globally, Implementing Other Changes

Tesla CEO Elon Musk is reacting to the EV maker’s sluggish sales by cutting 10% of the company’s global workforce, according to reports. Additionally, he’s making other personnel changes aimed at reducing overhead. The move comes 10 days after he slashed prices on vehicles to stimulate sales. Find out more at Headlight.News.

Tesla Raises Prices as CEO Musk’s Reputation Falls

Tesla Raises Prices as CEO Musk’s Reputation Falls

Tesla made good on previously announced plans to raise prices on its bestselling Model Y by $1,000 in the U.S. The move was revealed a few weeks ago, and now it’s been put in place. The price increase comes as new study suggests CEO Elon Musk is putting off potential buyers. Get details at Headlight.News.

Tesla Stock Again in Freefall; How Low Will it Go?

Tesla Stock Again in Freefall; How Low Will it Go?

Betting on the stock market isn’t for the fainthearted. But it takes an iron constitution to buy in on Tesla. True, those who’ve hung with the automaker since its early days have been well rewarded. But recent years have taken investors on a rollercoaster ride. And nowhere has it been more apparent than over the past few months. After nearing a 52-week late last year, Tesla shares have been in decline. And that’s now showing signs of turning into a full-on rout, even some long-term Tesla bulls getting worried.